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Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 625
PRESIDENTIAL DECREE NO. 625 -
CREATING THE LEYTE SAB-A BASIN DEVELOPMENT AUTHORITY, DEFINING ITS
POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES
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chanroblesvirtualawlibrary
I,
FERDINAND E. MARCOS, President of the Philippines, by virtue of the
powers in me vested by the Constitution, in order:cralaw:red
1. To integrate Government and private sector
efforts and resources for a planned development and balanced growth of
the Sab-A Basin in the Province of Leyte, as proposed in its 1975-1970
development program, through the combined and harmonized pursuit of
entrepreneurial and social objectives on a self-sustaining basis;chanroblesvirtualawlibrary
2. To reclaim swamps, wastelands and drain
water-logged areas to minimize the scourge of schistosomiasis and
fascioliasis both endemic in the area;chanroblesvirtualawlibrary
3. To develop a food basket within the Province of
Leyte and Region VIII by increasing agricultural productivity; and
4. To provide a model for the development of
agricultural estate, do hereby decree and order:cralaw:red
ARTICLE I
CREATION, JURISDICTION, PURPOSES AND POWERS
Section 1. Body Corporate Created. — For the purpose
of carrying out and effecting the general objectives declared herein,
there is hereby created a body corporate to be known as the Leyte Sab-A
Basin Development Authority, hereinafter referred to as the Authority,
which shall be organized by the President of the Philippines within
three months from the effectivity of this Decree. The Authority shall
execute and exercise all the functions and powers herein vested, as
well as those vested by general law to juridical persons, in such a
manner as will, in its judgment,d to the fullest extent the successful
carrying out of thems and objectives set forth hereinbelow.
Section 2. Territorial Jurisdiction. — The
territorial jurisdiction of the Authority shall, without prejudice to
established and pre-existing private propriety rights, encompass all
the lands, timber, vegetation, minerals and waters within the
municipalities of Alang-Alang, Barugo, Palo, San Miguel, Sta. Fe and
Babatngon; that portion of the Municipality of Jaro covering the
barrios of Parasan, Sarisari, Badiang, Villa Paz, Sta. Cruz, Pangi, San
Roque, Macanip, Batog, Alahag, Malobago, Buri Sagoahan, Buenavista,
Poblacion, Olatan, Caglawan and Bukid; and all the forestlands,
timberlands, pasturelands and reforestation areas in the City of
Tacloban. The lands herein embraced shall be referred to as the Basin.
The Director of Lands is hereby directed to demarcate the meters and
bounds of the territorial domain of the Authority in terms of geodetic
longitude and latitude and/or by degrees and minutes reckoned in
relation to a principal meridian traversing an initial reference point
established in the City of Tacloban. This demarcation and description
shall properly segregate all the public lands and waters within the
identified boundaries. chanroblesvirtualawlibrary
All disposable public lands within the area are hereby transferred and
conveyed to the Authority and title thereto shall forthwith be issued
by the Director of Lands to the Authority according to law.
Additionally, the Authority is granted preventive jurisdiction over
timber and mineral lands within the Basin to the end that the same may
not be disposed of in favor of users or converted to agricultural,
residential, or other purpose incompatible with their administration as
timber or mineral lands, without the Authority's prior recommendation
and the approval of the President of the Philippines.
All fees, rentals and charges and revenues derived from the
exploitation, development, conservation and utilization of natural
resources within the area shall pertain to the Authority.
Section 3. Principal Office. — The Authority shall
establish its principal office within the Basin. It may set up branch
offices in such other places as may be authorized by the Board of
Directors.
Section 4. Purposes. — The Authority shall have the
following purposes:cralaw:red
a) To undertake and continuously update a
comprehensive survey and inventory of the physical and natural
resources, problems and opportunities in the province of Leyte, more
particularly those of the Sab-A Basin as delineated and described in
Section 2, to provide the officials of the Province of Leyte and
managers of the Authority up-to-date and accurate data and information
for the most economic and socially beneficial development projects of
the province and of the Basin;chanroblesvirtualawlibrary
b) To provide the manpower capabilities and
facilities by extending the necessary planning, management and
technical assistance to existing and prospective investors in the
Basin, the Province of Leyte or elsewhere; chanroblesvirtualawlibrary
c) To arrange for and negotiate with the proper
bodies and institutions, whether Governmental or private, domestic or
foreign, and/or directly provide guaranty, venture or debt financing,
technical support, or other form of assistance or service, to any
entity, enterprise or projects organized, operating or habitually
engaged in substantial trade, with or within the Basin;chanroblesvirtualawlibrary
d) To pass upon all plans, programs and projects
within the Basin proposed by the national, provincial and municipal
governmental agencies, public corporations and private enterprises
where such plans, programs and/or projects are related to the
development of the Basin as envisioned in this Decree. The Authority
shall determine whether such plans, programs and/or projects need its
approval, modification or implementive supervision and where the
Authority makes a decision in this respect, its decision shall be
conclusive and final upon the parties concerned;chanroblesvirtualawlibrary
e) To engage in all projects and enterprises, whether
in the agricultural, mining, forestry, fishery, commercial, industrial
or service lines: Provided, That such projects or enterprises are
located or doing substantial business in the Basin; for this purpose,
whether by itself or in joint venture or cooperation with private
persons or entities, to organize, finance, invest and operate
subsidiary corporations;chanroblesvirtualawlibrary
f) To plan, program and undertake the readjustment,
relocation, resettlement of populations within the Basin as may be
deemed necessary for the attainment of the objectives of this decree. A
suitable relocation site will be developed for the residents thus
displaced;chanroblesvirtualawlibrary
g) To undertake and/or provide social benefit
services, works and facilities to and for the inhabitants of the Basin,
particularly in the containment of endemic diseases to humans and
animals, and in the creation of opportunities for gainful employment,
housing, education and wholesome recreation for such inhabitants;chanroblesvirtualawlibrary
h) To dredge and otherwise undertake works on
waterways, irrigate, inundate, dry or fill up natural water basins, and
to undertake reclamation projects, as may be necessary to accomplish
thems and purposes of the Authority; and
i) To control and regulate the use of lands, rivers,
waterfalls, springs and lakes in the Basin.
Section 5. Powers and Functions. — The Authority
shall have the following powers and functions; chanroblesvirtualawlibrary
a) To have perpetual succession in its corporate name;chanroblesvirtualawlibrary
b) To sue and be sued;chanroblesvirtualawlibrary
c) To adopt, alter and use a corporate logo, seal
and/or emblem;chanroblesvirtualawlibrary
d) To adopt, amend and repeal its by-laws;chanroblesvirtualawlibrary
e) To enter into contracts of any kind and
description to enable it to carry out its purposes and functions under
this Decree;chanroblesvirtualawlibrary
f) To acquire, lease or hold real property and
personal property as it deems necessary or convenient in the successful
prosecution of its business, and may lease, mortgage, sell, alienate,
or otherwise dispose of such personal and real property held by it, but
may not dispose any of its real properties under conditions which would
limit its development control over the area herein defined; and/or
dispose of its capital assets for delivery or use outside of the
Province of Leyte without the approval of the Governor, or outside of
the Philippines without the approval of the President of the
Philippines;chanroblesvirtualawlibrary
g) To exercise the power of eminent domain in the
name of the Republic of the Philippines;chanroblesvirtualawlibrary
h) To adopt and implement measures designed to
protect the life, liberty and properties of persons within the Basin:
Provided, That such measures are approved by the President of the
Philippines;chanroblesvirtualawlibrary
i) To perform prior screening functions, as a
condition precedent to the approval by any national, provincial or
municipal governmental agency, of any permit, license, lease, franchise
or concession for the operation of any business or the exploitation,
development or utilization of natural resources within the Basin;chanroblesvirtualawlibrary
j) To arrange and negotiate with the private
landowners within the Basin, for the lease or other use of tracts of
land required for extensive mechanized cultivation by private
corporations;chanroblesvirtualawlibrary
k) To grant loans to farmers' cooperatives,
implementing development projects previously approved by the Authority,
subject to applicable requirements of law on the matter;chanroblesvirtualawlibrary
l) To negotiate and enter into management and/or
consulting contracts with local and/or foreign management consulting
firms for the management of the Authority and/or the planning and
implementation of agro-industrial development projects in the Basin.
Moreover, the Authority shall also have the power to effect advance
payment of the stipulated fees; chanroblesvirtualawlibrary
m) To avail of the expertise of any particular
employee, technician, or group of persons in any bureau, office or
department of the National Government whose services are deemed
urgently needed for the attainment of the goals of the Authority, with
the consent and approval of the department head concerned;chanroblesvirtualawlibrary
n) To conduct scientific experiments, investigation
and research to discover economical and practical methods of increasing
agro-industrial production and other related endeavors;chanroblesvirtualawlibrary
o) To encourage and organize by arranging appropriate
financing schemes, cooperative ventures in agriculture, agri-business,
industry and commerce;chanroblesvirtualawlibrary
p) To arrange and negotiate on behalf of the Province
of Leyte and for the Republic of the Philippines for local and/or
foreign financing of projects undertaken by the Authority subject to
the approval of the Governor of the province or the President of the
Philippines as the case may be; chanroblesvirtualawlibrary
q) To engage in agro-industrial and business
activities including the organization and/or financing of rural or
cooperative banks;chanroblesvirtualawlibrary
r) To make such regulations as are necessary to
execute the powers and functions vested in it by this Decree; and
s) To do such other things as are directly or
indirectly necessary, incidental or conducive to the attainment of the
objectives of this Decree.
ARTICLE II
CAPITALIZATION, SOURCING AND APPLICATION OF FUNDS
Section 6. Capital Structure. — The authority shall
have two (2) capital funds: (I) a Capital fund for Operations; and (II)
a capital fund for Social Services.
a) The authorized Capital Fund for Operations shall
be devoted primarily to the pursuit of profit-making or self
liquidating (i., e. at least "break-even") projects, and shall be dealt
with, accounted for and liquidated in case of dissolution in the same
manner as the capital stock of an ordinary private commercial
corporation. It shall have a maximum authorized capital of one hundred
million pesos (P100,000,000.00) divided into one million shares with a
par value of one hundred pesos (P100.00) per share.
b) The Capital Fund for Social Services shall be
administered as a trust for investment, the income from which, but not
the principal, shall be devoted to the financing of social benefits
and/or public services to inhabitants of the area, such as but not
limited to medical, dental and hospitalization services, construction
of civil works and public infrastructure within the Area, free
education and scholarship benefits, athletic and recreation facilities;
and other free services and basic scientific research. The Capital Fund
for Social Services shall be invested in fixed income securities in the
money and capital markets or in the shares of stocks of corporations
which have continuously paid dividends on such shares during the last
preceding three years. The Capital Fund for Social Services shall
consist of funds contributed from sources mentioned in Section 8. Upon
the dissolution of the Authority the remainder of the trust corpus and
its income shall accrue to the General fund of the Republic of the
Philippines.
Section 7. Subscriptions to Capital Fund for
Operations. — Of the one million shares of the Capital Fund for
Operations, the following shall be allotted, taken up and/or paid for
by the following subscribers as follows;chanroblesvirtualawlibrary
Subscription in P000
Subscribed Paid
up %
National Government 20,000
5,000 88.7
Province of Leyte 1,000
330 4.4
City of Tacloban 550
215 2.3
Municipalities:
Palo 250
35 1.1
Alang-Alang 250
35 1.1
Barugo 125
15 0.6
San Miguel 125
15 0.6
Sta. Fe 75
5 0.4
Babatngon 75
5 0.4
Jaro 75
5 0.4
———
——— ———chanroblesvirtualawlibrary
22,525
5,660 100.0
For the purposes of this Decree, municipalities, cities and provinces
are hereby authorized to subscribe, own, buy or hold shares of stock of
the Authority.
The total paid-up requirement shall be remitted to the treasury of the
Authority upon its organization, with the National Government advancing
the full requirement of five million six hundred sixty thousand pesos
(P5,660.000) for and in its own behalf and that of the Province of
Leyte, City of Tacloban and the municipalities of Alang-alang, San
Miguel. Sta. Fe, Palo, Barugo, Babatngon and Jaro. Yearly thereafter,
for a period of four years, the National Government shall on each
anniversary date of the organization of the Authority, advance to the
Treasury of the Authority, for and in its own behalf and that of the
local Governments concerned, one fourth of the balance of the total
subscriptions until the whole subscription has been fully paid up. For
this purpose, the necessary funds are hereby set aside and appropriated.
Beginning the sixth year of the Authority's operations, and every year
thereafter up to the fifteenth year, the National Government shall
liquidate its aforesaid advances by means of withholding, from the
respective Internal Revenue allocation of each local government
concerned, one-tenth of the full amount of paid-up subscription which
the National Government may have advanced for each of the local
governments mentioned.
Whenever demanded by the operation of the Authority, the Board of
Directors may direct the public offering or private placement of the
unissued shares of the Authority to private investors: Provided, That
the total number of shares offered to private investors at any one time
shall not exceed one-third of the total subscription of the Government
in the Authority. Such offering may be made at such price and terms as
the Board of Directors may at the time consider to be fair and
reasonable.
Section 8. Participations in the Capital Fund for
Social Services. — The corpus of Capital Fund for Social Services shall
consist of grants, endowments and bequests from the Government, the
private sector, foreign governments, and international institutions and
foundations. All donations, grants, and bequests to the Capital Fund
for Social Services shall be exempt from gift, estate and inheritance
taxes, and shall be fully deductible from the taxable income of the
grantor.
The Capital Fund for Social Services shall be administered as a true
fund, and shall for all legal purposes be invested with the attributes
of a trust or estate subject to separate accounting and with capacity
to borrow for and in its own behalf and account. The management of the
fund may be turned over to a banking institution, investment house, or
trust company at the discretion of the Board of Directors. From time to
time, the Board of Directors shall specify that a mandatory portion of
the income of the trust fund shall be ploughed back into the corpus (or
principal) of the Fund to enlarge the investment base and compound its
earning capacity.
ARTICLE III
DIRECTORATE, MANAGEMENT AND PERSONNEL
Section 9. Board of Directors. — The powers of the
Authority shall be vested in and exercised by a Board of Directors,
hereinafter referred to as the Board, which shall be composed of at
least five but not more than eleven members with the Provincial
Governor of Leyte as Chairman, or his duly authorized representative to
sit as member in his absence; the administrator of the Authority as
Vice-Chairman; and the Provincial Agriculturist of Leyte, the President
of the Visayas State College of Agriculture, and the President of the
Leyte Federation of Farmers Cooperatives as members; and up to six
other members elected every five years by the private shareholders, if
there be such shareholders, to represent their interest in the Board.
Unless otherwise required by the President of the Philippines, a person
elected as director need not hold a qualifying share in the
Authority. chanroblesvirtualawlibrary
Section 10. Powers and Duties of the Board of
Directors. — The Board of Directors shall have the following powers and
duties:cralaw:red
a) To prescribe, amend and repeal rules and
regulations governing the manner in which the general business of the
Authority shall be conducted;chanroblesvirtualawlibrary
b) To appoint and fix the compensation of the
Administration, Deputy Administrators for Agricultural Development,
Administration and Budget, Cooperative Management and Agri-business,
and to create such other offices and appoint their incumbent as may be
necessary from time to time;chanroblesvirtualawlibrary
c) To remove, suspend or otherwise discipline for
cause, by a majority vote of all the members, any officers of the
Authority;chanroblesvirtualawlibrary
d) To approve the budget of the Authority; and
e) To do such acts and perform such functions as are
germane to the purposes as enumerated in Section 2 of this Decree.
Section 11. Administrator — Qualifications. — There
shall be an Administrator who shall be a citizen of the Philippines
with demonstrated executive competence and experience in the field of
public administration, public infrastructure management or the
management of industrial or commercial enterprises. Notwithstanding the
foregoing and the other provisions of this Section, the management of
the Authority may by Board Resolution contract the services of a firm
of professional managers to manage the affairs of the Authority.
Section 12. Tenure of office of Administrator. — The
Administrator shall be appointed by the President upon recommendation
of the Board of the Authority. The Administrator shall hold office at
the pleasure of the appointing power. He shall receive an annual
compensation set by the Board which in no case shall be less than
P36,000 per annum: Provided, that he shall establish his residence
within the basin area and shall reside therein during the entire tenure
of his office.
Section 13. Powers and Duties of the Administrator. —
The Administrator shall have the following powers and duties:cralaw:red
a) To submit for consideration of the Board such
recommendation for policy formulation which he deems necessary to carry
out the plans of the Authority;chanroblesvirtualawlibrary
b) To direct and manage the affairs and business of
the Authority in consonance with the policies promulgated by the Board;chanroblesvirtualawlibrary
c) To submit for the approval of the Board the
budget of the Authority;chanroblesvirtualawlibrary
d) To execute and administer the policies and
measures approved by the Board;chanroblesvirtualawlibrary
e) To hire the personnel below officer level
necessary for the attainment of the goals of the Authority and fix
their compensation;chanroblesvirtualawlibrary
f) To remove, suspend, or otherwise discipline for
cause any subordinate employee of the Authority;chanroblesvirtualawlibrary
g) To delegate such authority as may be properly
delegated: Provided, That such delegation is in writing, copies of
which shall be furnished the Board;chanroblesvirtualawlibrary
h) To submit within ninety (90) days after the close
of each fiscal year an annual report to the President of the
Philippines through the Board; and
i) To perform such other duties as may be lawfully
assigned to him by the Board.
Section 14. Other Officers, Tenure of Office and
Compensation. — The Vice-Chairman of the Board shall act as Chairman in
the absence of the latter.
There shall be a Board Secretary appointed by the Board upon
recommendation of the Provincial Governor of Leyte. The Secretary shall
receive an annual compensation set by the Board, charged against the
annual budget of the Authority and in no case shall be less than
P24,000 per annum.
Section 15. Effect of Vacancies. — Vacancies in the
Board as long as there shall be three members in office shall not
impair the powers of the Board to execute the functions of the
Authority.
Section 16. Vacancy Before Expiration of Term. — Any
member appointed or elected to fill a vacancy in the Board occurring
prior to the expiration of the term for which his predecessor was
appointed shall serve only for the unexpired period.
Section 17. Disqualification. — No ex-officio member
of the Board shall directly or indirectly engage in the practice of any
profession or business which may be affected by, or related to, the
exercise of the Authority's functions and powers.
Section 18. Prohibition against "Conflict of
Interest". — No ex-officio member of the Board shall be financially
interested, directly or indirectly, in any contract entered into by the
Authority during his term of office.
Section 19. Quorum — Board Meetings. — Three members
of the Board in office shall constitute a quorum to transact business
of the Authority. The Board shall meet at least once every month or
more frequently as may be necessary to perform its duties, and shall be
revoked by the chairman or upon written request signed by at least
three of the members.
Section 20. Per Diems and Allowances. — Each member
of the Board shall receive a per diem fixed by the President for actual
attendance in meetings.
Section 21. Merit System. — All persons employed by
the Authority shall be selected on the basis of merit and fitness in
accordance with a merit promotion plan of the authority and approved by
the Civil-Service Commission, except positions that are
policy-determining, highly technical and primarily confidential.
However, the Authority may, by agreement, secure such services as it
may deem necessary from other agencies of the National Government, and
may make arrangements for the compensation of such services. The
Authority may also employ and compensate, within appropriations
available therefor, such consultants, experts, advisers or assistants
on a full or part-time basis as may be necessary, without subjecting
these to WAPCO regulations.
ARTICLE IV
FINANCE, ACCOUNTS, BUDGET AND AUDITS
Section 22. Start-up Funds. — For the start-up
requirements of the Authority, there is hereby appropriated annually
for two (2) years, in addition to the sum mentioned in Section Six, the
amount of five hundred thousand pesos (P500,000.00). Beginning the
third year, the Board shall, pursuant to a budget approved by it and
submitted by the administrator, authorize the expenditure of equity or
leverage funds from the sources mentioned in Section Six pursuant to
the guidelines and parameters established in said section.
Section 23. Power to Issue Bonds. — Whenever the
Board deems it necessary, the capital Fund for Operations and/or the
Capital Fund for Social Services may by resolution be authorized to
incur indebtedness, and for this purpose float and issue bonds to carry
out the provisions of this Decree. The resolution allowing either or
both Capital Funds to incur indebtedness shall properly indicate the
funds liable therefor, and the bond instruments, prospectuses,
documents, and other floatation shall carry appropriate notices of this
indication for the benefit of the public and other parties dealing with
the Authority. The Capital Fund for Operations may guaranty or assume
indemnity or suretyship obligations in respect of the indebtedness of
the Capital Fund for Social Services with the approval of two-thirds of
the entire Board. The Capital Fund for Social Services may not,
however, guaranty or assume indemnity or suretyship obligation in
respect of the indebtedness of the Capital Fund for Operations without
the approval of the President of the Philippines. The proceeds of bond
issues or loans backed up by or secured for the Capital Fund for Social
Services shall, unless otherwise specified in the covering deed or
prospectus, form part of the corpus of the trust and shall be utilized
solely for investments according to the provisions of Section Six, the
income from which but not the principal shall be available for
expenditure for social benefit projects in the Basin. Donations,
grants, bequests or loans to the income portion of the trust shall be
expendable directly for social or public service projects. chanroblesvirtualawlibrary
Section 24. Bond Features, etc. — The Board shall
prescribe the form, rates of interest, the denominations, maturities,
negotiability, convertability, call and redemption features, tax
exemption of interest, if desired, authority for which is hereby given,
and all other terms and conditions of issuance underwriting, placement,
sale, servicing, and payment of all bonds issued by the Authority.
The Bonds issued by virtue of this Decree may be made payable both as
to principal and interest in Philippine currency and any readily
convertible foreign currency.
Section 25. Government Guarantee. — The Republic of
the Philippines hereby unconditionally guarantees the payment by the
Authority of both the principal and interest of bonds, debentures,
notes, drafts or such other evidence of indebtedness issued by the
Authority by virtue of this Decree, and shall pay such principal and
interest in the event that the Authority fails to do so. In case the
Authority shall be unable to pay the said principal and interest, the
Secretary of Finance shall pay the amount thereof appropriated out of
any funds in the National Treasury, and thereupon, to the extent of the
amount so paid. The Government of the Republic of the Philippines shall
succeed to all the rights of the holders of such bonds, debentures,
notes, drafts or other evidence of indebtedness.
Section 26. Exemption from Taxes. — The Authority and
its subsidiaries shall be exempt from all taxes, licenses fees, and
duties incidental to their operation to the following extent:cralaw:red
a) With respect to all transactions, properties and
effects pertaining to or attributable to the Capital Fund for
Operation, except income which shall be gradually taxable at corporate
sales to the following extent:cralaw:red
% of Income Period
Subject to Tax Into Operation
1st to 2nd years
25 3rd to 4th years
50 5th to 6th years
75 7th to 8th years
100 9th year onwards
b) With respect to all transactions, properties,
effects accruing, pertaining or attributable to subsidiaries, to the
extent allowed to pioneer enterprises registered under Republic Act No.
5188, as amended, otherwise known as the Investment Incentives Act.
Section 27. Performance Budgeting. — The budgets of
the Authority shall be performance budget which estimate target
revenues and expenses for a given budget period. The same shall
therefore not provide inflexible expenditure allocations but shall
serve as a tool for gauging efficiency and effectiveness of the
management staff of the Authority in attaining the objectives of the
Authority with the most profit possible to the Capital Fund for
Operations, and the maximum social benefits to Basin residents with the
least cost to the Authority. chanroblesvirtualawlibrary
Section 28. Auditing Requirements. — The Auditor
General shall appoint a representative, with the necessary personnel,
who shall be the Auditor of the Authority. The number of positions and
the salaries of such Auditor and the personnel under him shall be
determined by the Auditor General, subject to the concurrence of the
Board. In case of disagreement, the matter shall be submitted to the
President of the Philippines for resolution. The salaries and all other
expenses in maintaining the Auditor's office shall be borne by the
Authority.
Section 29. Report. — All financial transactions of
the Authority shall be audited in accordance with law, administrative
regulations, and the principles and procedures applicable to corporate
transactions. A report of audit for each fiscal year shall be submitted
to the Board by the Auditor within sixty (60) days after the close of
the fiscal year, furnishing copies thereof to the President of the
Philippines, the Auditor General and the Governor of Leyte. The report
shall set forth the scope of the audit and shall include a statement of
surplus or deficit analysis and a statement of income by sources and
application of funds. It shall also include such comments and/or
recommendations with respect to any impairment of Capital noted in
audit showing specifically any program, undertaking expenditure or
other financial transactions made and/or conducted without authority of
law.
ARTICLE V
RELOCATION
Section 30. Relocation of Affected Parties. — The
Authority shall, simultaneously with its development program, set aside
a substantial portion of the public lands in its jurisdiction and
relocate tenants and small landowners affected by mechanization or
displaced by development, kaingeros and squatters within the Basin,
dynamite fishermen residing in the city and municipalities involved and
landless squatters in the City of Tacloban, under such terms and
conditions specified by the Authority.
ARTICLE VI
WOODLANDS AND NATURE RECREATION AREA
Section 31. Multipurpose Woodland and Nature
Recreation Reservation. — The forested areas along the municipalities
of Palo, Sta. Fe, Alang-Alang, Babatngon, San Miguel and Tacloban City,
comprising approximately 12,500 hectares presently being surveyed by
the Bureau of Forest Development, the metes and bounds of which, will
likewise be demarcated by the Bureau of Lands, is hereby declared the
Leyte Multipurpose Woodlands and Nature Recreation Reservation Area
which shall be developed and maintained by the Bureau of Forest
Development for sports, hunting, fishing, wildlife activities, nature
observation, scientific and educational tours, bird watching, camping
and mountain climbing. A start-off fund of TWO HUNDRED FIFTY THOUSAND
PESOS (P250,000.00) is hereby appropriated for this purpose. The yearly
appropriation of which shall be included in the budget for the
Department of Natural Resources. chanroblesvirtualawlibrary
ARTICLE VII
MISCELLANEOUS PROVISIONS
Section 32. Term. — The Authority shall exist for a
term of fifty (50) years, subject to extension by the President of the
Philippines.
Section 33. Repealing Clause. — All acts, decrees,
executive orders, administrative orders, rules and regulations which
are inconsistent with the provisions of this Decree are hereby repealed
or modified accordingly.
Section 34. Construction of this Decree. — If any
part or section of this Decree shall be declared unconstitutional, such
declaration shall not invalidate the other provisions thereof. chanroblesvirtualawlibrary
Section 35. Effectivity. — This Decree shall take
effect immediately.
Done in the City of Manila,
this 26th day of December, in the year of Our Lord, nineteen hundred
and seventy-four.
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